The Best Cheap Car Insurance in Maine for 2021

Auto insurance premiums depend on various individualized factors, such as age, location, driving record and credit history. Regularly getting personalized quotes is the best way to find the right car insurance policy for your circumstances. MoneyGeek ranked the top car insurance companies in Maine based on affordability, customer service and financial strength, among other factors. No matter your circumstances as a driver, these rankings can help you find quotes for the coverage you need. MoneyGeek's ratings reveal a potential savings of $352 when comparing car insurance premiums from top-rated companies in Maine.

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In Maine, the cheapest car insurance is a minimum liability coverage policy. If affordable rates are your highest priority, a minimum coverage plan meets the state’s baseline auto insurance requirements.

The cheapest car insurance companies in Maine for minimum coverage are:

  • USAA: $187 per year (only available to current and former military members)
  • GEICO: $252 per year

The most expensive car insurance for minimum coverage is Allstate, at an average cost of $455 per year.

Average Cost for Minimun Liability Coverage
  • Company
    Annually
    Monthly
  • 1.
    $187
    $16
  • 2.
    $252
    $21
  • 3.
    $265
    $22
  • 4.
    $337
    $28
  • 5.
    Concord Group
    $366
    $31
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Costs are averages and should serve as a guide for comparing prices between insurers.

These prices are only estimates based on rates for an average Maine driver and should not be used to compare insurance prices.

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Keep in mind that a minimum coverage policy in Maine covers bodily injury and property damage liability insurance, medical payments coverage and uninsured/underinsured motorist coverage. Drivers who wish to protect against the cost of damages to their car increase their liability coverage may prefer a full coverage policy.

In Maine, a full coverage policy with comprehensive collision insurance and higher liability limits can protect you against most on-road and off-road incidents. While this policy's price is higher than minimum coverage, it covers the cost of damages to your car — not just others. To save money and find the cheapest options, be sure to compare car insurance quotes<> from multiple carriers.

The least expensive car insurance companies in Maine for full coverage are:

  • USAA: $367 per year (only available to former and current military members)
  • GEICO: $460 per year

Progressive is the costliest provider in Maine for full coverage, with average annual rates of $719.

Average Comprehensive and Collision Rates in Maine

Please note that your costs will differ from these examples. The premiums above are for a policy with comprehensive and collision insurance and $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage coverage per accident.

The Best Car Insurance Companies in Maine for 2021

MoneyGeek’s study shows that the best car insurance companies in Maine are:

  • Best Overall: USAA (only available to former and current military members)
  • Runner-up: State Farm

Combining the results of J.D. Power’s U.S. Auto Insurance Study and AM Best’s financial strength ratings with industry standards on rating and reviewing insurers, MoneyGeek calculated each insurance provider’s final rating out of 100.

Aside from looking for affordable car insurance in Maine, drivers should consider other relevant factors like claims experience, customer satisfaction and financial strength to find the best car insurance.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

Geek Quick Take
Geek Quick Take

USAA only serves current and former military personnel and their families. This company received the highest score in MoneyGeek’s ranking of best companies in Maine, with excellent performance in all considered parameters.

More About USAA

USAA ranks as one of the best and cheapest insurance firms in the United States. It’s no wonder USAA is the least expensive provider in Maine, too. Policyholders are entitled to special discounts. For example, if your parents also have a USAA policy, you can save money on your premiums. Active military members also receive a discount for garaging their vehicles on base.

Read MoneyGeek's USAA auto Insurance Review
2
MAPFRE Insurance
Score:100
There are no ratings for this company
3
State Farm
Score:93

5/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

Geek Quick Take
Geek Quick Take

State Farm gets second place in MoneyGeek’s Maine ranking. Excellent user satisfaction and affordability scores make State Farm shine among its competitors.

More About State Farm

State Farm offers an array of quality features and services to their policyholders. State Farm’s Drive Safe & Save app scores your savings based on your driving behaviors. For young drivers up to 25 years of age, State Farm offers student discounts. If you use your car to drive for Lyft or Uber, you can also buy rideshare insurance through the company.

Read MoneyGeek's State Farm auto Insurance Review
4
GEICO
Score:93

5/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

5
Allstate
Score:88

3/5

Affordability

4/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

6
Nationwide
Score:85

3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

7
Progressive
Score:83

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

8
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

9
Hanover
Score:78

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

10
MetLife
Score:78

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

11
Liberty Mutual
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

12
Safety Group
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

13
Arbella Insurance Group
Score:73

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

14
Plymouth Rock Assurance
Score:73

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

15
Safeco
Score:73

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

List of the Largest Insurance Companies in Maine

Judging by market share, the three largest insurance companies in Maine are Progressive (14.9%), State Farm (13.7%) and GEICO (10.8%). To measure market share, divide the number of premiums written by an insurance company by the total number of premiums written in the state. Many consumers choose to buy their policy from a large provider, as these providers tend to be financially stable and can pay claims without hassle. A large company may not be the best option for all drivers, but it does provide more security to policyholders who value it.

How to Compare Cheap Maine Car Insurance Quotes Online

Most car insurance carriers offer an online quote tool that gives reasonably precise quotes based on your input. Be sure to identify how much coverage you need so you can compare insurers with consistent limits. For example, if you get a quote with one company for $50,000 in bodily liability insurance per accident, you should ensure to use the same figure when comparing prices with another insurer.

Enter your ZIP code below to compare rates or use MoneyGeek’s price data as a guide to select a suitable provider. USAA, GEICO and MetLife are the cheapest car insurance companies on average in Maine, so MoneyGeek recommends beginning your search by getting a quote from these carriers.

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What Is the Average Cost of Car Insurance in Maine?

Considering the premium costs for the typical Maine driver, MoneyGeek calculated the average rates for comprehensive and collision insurance coverage. The typical driver is a 40-year-old male who has a Toyota Camry and a clean driving record. Depending on your location, driving history, age and credit score, your rates may be significantly lower or higher than these Maine averages.

  • **Average Driver: **$607
  • DUI: $987
  • Speeding Ticket: $800
  • Poor Credit Score: $1,048

If you have a severe driving offense on your record, like driving under the influence (DUI), you’ll pay higher car insurance rates, on average. In Maine, a driver with a DUI is charged $987 per year on average for auto insurance, compared to $607 for the average driver with a clean record.

The cheapest car insurance companies in Maine for a driver with a DUI who needs a full coverage policy are:

  • State Farm: $661 per year
  • USAA: $734 per year (only available to former and current military members)
Average Car Insurance Rates With a DUI

A DUI conviction can continue to negatively impact your insurance rates for several years, in addition to the legal fees, fines and other expenses you may incur. To find the best rates with a DUI on your record, shop around annually to see if specific companies have lower rates.

Even a minor driving offense like a speeding ticket can increase your car insurance costs. In Maine, a driver with a speeding ticket pays $800 per year on average for auto insurance, compared to $607 for drivers whose record is clean.

The least expensive car insurance providers in Maine for drivers with speeding tickets and full coverage are:

  • USAA: $412 per year (only available to former and current military members)
  • State Farm: $661 per year

GEICO offers cheaper full coverage insurance than State Farm for drivers with a clean record, but State Farm’s full coverage prices are less expensive for those with a speeding ticket.

Average Car Insurance Rates With a Ticket

Moving violations such as speeding or distracted driving will negatively impact your car insurance rates. The effects of a ticket on your car insurance rates may be short-term for a first-time offense or long-term for repeat offenders. To help you get the best rates under these circumstances, be sure to shop for new rates each year when it’s time to renew your current policy. Checking with different insurance companies could result in a better rate.

In Maine, drivers with low credit scores pay higher premiums than those with high credit scores. The average cost of car insurance for drivers with poor credit in Maine is $1,048 per year compared to $607 for the average driver with healthy credit.

The cheapest car insurance companies in Maine for drivers with low credit scores and who want full coverage policies are:

  • USAA: $641 per year (only available to former and current military members)
  • GEICO: $792 per year

USAA and GEICO also offer the cheapest full coverage policies in Maine for those with a clean record.

Average Car Insurance Rates for Drivers With Bad Credit

Many auto insurance companies associate a driver’s credit score with their likelihood of filing an insurance claim. Those with good credit scores — 700 or higher — are viewed as less likely to file a claim than those with lower credit scores. According to Experian, the average credit score for Maine residents is 715. Because auto insurance companies do not weigh credit scores equally, your rate quote may be vastly different from insurer to insurer, particularly if you have a low credit score.

Car insurance in Maine is typically more expensive for senior drivers than middle-aged and young drivers.

The most affordable car insurance carriers in Maine offering full coverage for senior drivers are:

  • USAA: $367 per year (only available to former and current military members)
  • GEICO: $417 per year

These two companies also offer the cheapest full coverage policies for the average driver with a clean record who is not a senior.

Average Car Insurance Rates for Seniors

The cost of car insurance for seniors can vary based on individual circumstances and the insurer issuing the quote. Therefore, it’s important to shop around each year before renewing your car insurance policy to ensure you receive the lowest rates.

Young student drivers in Maine are generally charged more than the average adult driver, as insurers deem them riskier to cover because of their inexperience.

The cheapest car insurance providers in Maine for student drivers with full coverage are:

  • GEICO: $1,252 per year
  • Allstate: $1,287 per year

USAA offers cheaper full coverage than Allstate for the average driver who is 40 years old, but Allstate’s full coverage policy in Maine is less expensive than USAA’s for student drivers.

Average Car Insurance Rates for Students

Parents of teenagers and college students in Maine want to ensure their children are safe on the road without overpaying for car insurance. While having a teen driver on your policy can drive up your premiums, you can reduce the impact on your wallet by investing in a car with a strong crash rating and proven safety features. Apart from those factors, be sure to ask prospective insurance providers about discounts for good students and teens who take defensive driving courses.

Insurance Rate Information for Military Drivers and Veterans

If you're one of more than 800 active-duty military personnel living in Maine, you'll probably be able to get a discount on your auto insurance. The same holds true for more than 125,000 veterans living in the state. The major carriers, including USAA, Geico and AFI, all offer discounts to military members and veterans. This discount, coupled with a good driving record, can help military families cut costs. With proof of insurance in hand, you can then take advantage of Maine's "Rapid Renewal" online service to register a vehicle, even if deployed out of state. The state government's insurance website has further details on the minimum requirements and best rates in Maine. The following table showcases estimates of what active-duty military personnel and veterans can expect to pay in Maine for their car insurance. Always consult with an insurance company directly for a more personalized quote.

Average Rates for Maine service members

male
25 years$1,317
50 years$938
female
25 years$1,060
50 years$932

Car Insurance in Maine: What You Need to Know

If you register a car in Maine, you must insure it. Drivers can take their inoperable cars off of insurance if they also turn in the registration and license plate. If the car holds some value, talk to an insurance agent about how to keep the vehicle protected from incidents that might damage it while it's parked in the garage.

Proof of Insurance in Maine

Drivers in Maine receive an insurance card that they need to carry with them. Alternatively, they can use electronic proof of insurance. The card must show that a valid policy is in effect on the same car you’re driving. There are three times you'll need to show proof of insurance in Maine:

  • When registering a vehicle
  • When pulled over for a moving violation
  • If you're in an accident resulting in bodily injury or property damage exceeding $1,000

Minimum Liability Insurance Requirements in Maine

Maine has some of the highest minimum liability limits in the United States. This state also mandates several different types of coverage:

  • $50,000 bodily injury coverage per person
  • $100,000 bodily injury coverage per accident
  • $25,000 property damage
  • $50,000 uninsured/underinsured motorist coverage per person
  • $100,000 uninsured/underinsured motorist coverage per accident
  • $2,000 medical payments coverage per person

Even with this generous coverage, industry experts generally encourage consumers to purchase higher limits and additional coverages.

Alternatives to Insurance in Maine

Drivers who want to skip dealing with an insurance company have an alternative: they can get a certificate from a surety company. They can also deposit $127,000 in cash or securities with the state treasurer, then show the receipt to the Secretary of State. The Secretary of State then issues a certificate, which the driver must keep with them as proof of alternative insurance.

How Much Coverage Do You Need in Maine?

The minimum coverage levels required by Maine law may seem high, but they might not cover all of your potential costs in an accident. The right level for you depends on your assets and the value of your vehicle. Keep in mind that experts generally recommend liability policies of $100,000 per person and $300,000 per accident for adequate protection, according to the Insurance Information Institute.

Experts also recommend collision and comprehensive coverage for any vehicle you're not planning on driving into the junkyard within a few years. Unlike other policies, these types of coverage take care of your vehicle in case of accidents — both on the roadway and off.

Auto insurers in Maine have to provide three years of discounted rates to senior drivers (55 and older) who complete an accident prevention course, as long as no one living in their home has an accident or ticket on their record in the last three years. The amount of the discount is up to the insurers — as always, it's smart to shop around. Seniors can take the course again after three years to renew the discount.

Average Insurance Rate by City in Maine

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FAQs About Car Insurance in Maine

To help consumers in Maine make the right choice when purchasing car insurance, MoneyGeek answers frequently asked questions about how much to buy and the cost of a typical policy.

Expert Advice on Finding Cheap Car Insurance in Maine

To help you find reliable and accurate insight on car insurance in Maine, MoneyGeek received expert advice from proven professionals. The perspectives and sentiments conveyed are those of the individual contributor.

  1. What are the key factors drivers in Maine should look for when searching for the best auto insurance coverage?
  2. What steps can drivers in Maine take to find affordable car insurance?
Daniel Ford
Daniel Ford

Instructor of Economics and Business Administration at Southern Maine Community College

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About the Author


expert-profile

Karon Warren is a professional journalist who has covered personal finance, health insurance, home insurance, car insurance, mortgages, banking and more for two decades.

Karon earned her bachelor of arts degree in journalism from the University of Southern Mississippi. She is also a member of the American Society of Journalists and Authors. Karon uses her journalist skills to create in-depth, well-researched finance stories that educate people so they can make informed financial decisions that best serve their financial goals.


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